September 18: We’re tracking a number of factors, including FOMC actions, inflation to guide our monetary policy, says Dipak Dasgupta, Principal Economic Advisor to the Finance Ministry. We’ve seen a deep extended slowdown in economic growth over 10-12 quarters, he says, adding that there is an output gap between our potential and real growth. With jobs, growth, stability at stake, we are working at speeding up steady recovery while keeping CAD stable, he says.